Africa, Business, Politics

International diamond trading group bans Zimbabwe diamonds, despite Kimberley go-ahead

By Andy Rice 16 August 2010

The Rapaport Diamond Trading Network has instructed its members not to trade in the recently issued diamonds from Zimbabwe's Marange minefields. Any member who traded in the stones would be blacklisted and expelled, the organisation said in a statement. This is despite a Kimberley Process certificate making trading in the Marange stones legal, after an audit declared that the "minimum standards" had been met in the mining of the stones, which RapNet disputes. The sale of Marange diamonds last Wednesday raised $46 million for Zimbabwe, after a nine month ban on trade in Zim stones was lifted. Read more: The AP and Voice of America.

0

Gallery

NEWSFLASH

Lord Hain requests formal investigation of Leave.EU Brexit campaign’s South African links

By Marianne Thamm

Bladerunner (1980s version) is a visual feast due in large part to the Hollywood Actors Strike. This allowed the designers an extra three months to refine the sets and props.

0